Affluent Foundation Holdings (HKSE:01757) Days Payable : 151.86 (As of Mar. 2024)

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What is Affluent Foundation Holdings Days Payable?

Affluent Foundation Holdings's average Accounts Payable for the six months ended in Mar. 2024 was HK$57.5 Mil. Affluent Foundation Holdings's Cost of Goods Sold for the six months ended in Mar. 2024 was HK$69.1 Mil. Hence, Affluent Foundation Holdings's Days Payable for the six months ended in Mar. 2024 was 151.86.

The historical rank and industry rank for Affluent Foundation Holdings's Days Payable or its related term are showing as below:

HKSE:01757' s Days Payable Range Over the Past 10 Years
Min: 21.54 Med: 45.17 Max: 116.81
Current: 113.13

During the past 10 years, Affluent Foundation Holdings's highest Days Payable was 116.81. The lowest was 21.54. And the median was 45.17.

HKSE:01757's Days Payable is ranked better than
67.66% of 1645 companies
in the Construction industry
Industry Median: 75.38 vs HKSE:01757: 113.13

Affluent Foundation Holdings's Days Payable increased from Mar. 2023 (71.96) to Mar. 2024 (151.86). It may suggest that Affluent Foundation Holdings delayed paying its suppliers.

Affluent Foundation Holdings Days Payable Historical Data

The historical data trend for Affluent Foundation Holdings's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Affluent Foundation Holdings Days Payable Chart

Affluent Foundation Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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68.32

41.85

47.33

75.25

116.81

Affluent Foundation Holdings Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial												49.13	80.66	71.96	89.00	151.86

Competitive Comparison of Affluent Foundation Holdings's Days Payable

For the Engineering & Construction subindustry, Affluent Foundation Holdings's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Affluent Foundation Holdings's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Affluent Foundation Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Affluent Foundation Holdings's Days Payable falls into.

Affluent Foundation Holdings Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Affluent Foundation Holdings's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (66.156	+	58.514)	/	2 )	/	194.775	*	365
=	62.335					/	194.775	*	365
=	116.81

Affluent Foundation Holdings's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (56.439	+	58.514)	/	2 )	/	69.075	*	365 / 2
=	57.4765					/	69.075	*	365 / 2
=	151.86

Affluent Foundation Holdings Days Payable Related Terms

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Affluent Foundation Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Affluent Foundation Holdings Ltd (HKSE:01757) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Sha Tsui Road, Unit 903-905, 9th Floor, The Octagon, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.hcho.com.hk

Affluent Foundation Holdings Ltd is a subcontractor engaged in services related to foundation works including excavation and lateral support works, pile caps construction, and other services, such as demolition works, underground drainage works, earthworks, and structural steelworks. It is also engaged in leasing machinery to third-party construction companies. Geographically the group operates in Hong Kong. It derives revenue through the provision of contracting services.

Executives

Oriental Castle Group Limited	2101 Beneficial owner
Chan Siu Cheong	2201 Interest of corporation controlled by you
Chu Wai Ling	2202 Interest of your spouse

Affluent Foundation Holdings Headlines

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